Purpose. 2. There are verifiable standards by which the self-sustainment categories are provided and subsequently reimbursed. The following standards, and associated definitions, are designed to apply to the categories of self-sustainment listed in annex B to chapter 8 of the COE Manual. The standards, stated in terms of operational capabilities, are designed to be generic in nature leaving the details and the means of delivery of the capabilities to be discussed between the United Nations and the troop/police contributors.
Purpose. The CEB grants the Loan to the Borrower, who accepts it, solely for the purpose of financing the Project as described under Appendix 1. The proceeds of the Loan cannot be used for the financing of taxes (including VAT), customs and other duties. Any change to the way the Loan is applied that has not received the CEB’s prior written approval would constitute an event in the terms of Article 3.3 (h) of the Loan Regulations and may give rise to the early reimbursement, suspension or cancellation of the Loan under the terms of Articles 3.3 (Early reimbursement of disbursed loans), 3.5 (Suspension by the Bank of undisbursed loans) and 3.6 (Cancellation by the Bank of undisbursed loans) of the Loan Regulations. FINANCIAL CONDITIONS Loan Amount The Loan Amount is: Disbursement Amount The Loan shall be disbursed in a minimum of two (2) Tranches. The amount of each Tranche, except for the first Tranche, shall be determined according to the Incurred Expenditure and Forecasted Expenditure. The amount of the first Tranche shall not exceed twenty-five per cent (25 %) of the Loan Amount. Disbursement Procedure The disbursement of each Tranche is determined through the following procedure:
Purpose. The Borrower shall apply all amounts borrowed by it under the Facility to finance eighty-five per cent. (85%) of the Commercial Contract Price, being an amount of EUR 183,941,730.60; provided that the aggregate amount so financed for all such purposes shall not exceed the Total Commitments.
Purpose. The Borrower shall apply all amounts borrowed by it under this Facility exclusively towards financing and/or refinancing Eligible Expenses in accordance with the Project's description set out in Schedule 2 (Project Description) and the Financing Plan set out in Schedule 3 (Financing plan). 2.3 Monitoring The Lender shall not be held responsible for the use of any amount borrowed which is not in accordance with the provisions of this Agreement.
Purpose. The Borrower shall apply all amounts borrowed by it: